11 Unit Multifamily For Sale
$4,500,000
107 Marin Street, San Rafael, CA 94901
For Sale
Multifamily
Active
Last Updated: 02/23/2025
4.4
Cap Rate
6,136 sqft
Building Size
Details:
Cap Rate: 4.4%
Building Size: 6,136 sqft
Lot Area: 11,250 sqft
Units: 11
GRM: 14.35
Year Built: 1975
Price Per Sqft: $733
Zoning: Multifamily Residential: High-Density
Floors: 2
Parking Spots: 13
Highlights:
- Extremely well-located property in Gerstle Park neighborhood, close to Downtown San Rafael
- Well appointed units w/ recent updates
- Unit mix: (10) 1bd/1ba, (1) 2bd/1ba
- Newer driveway surface to thirteen (13) striped parking spaces
- Separately metered for PG&E
- Stabilized property with strong in-place income
- Well located; Walking distance to downtown San Rafael
- Close proximity to Hwy 101 & San Rafael SMART train
Description:
107 Marin St features a well-appointed 11-unit apartment building constructed in 1975. The unit mix consists of ten (10) 1-bedroom/1-bath units and one (1) 2-bedroom/1bath unit. All units have en-suite bathrooms along with updated kitchens with granite countertops, newer cabinets, stainless steel appliances, built-in microwaves, dishwashers and electric stoves. Per the county assessor, the building area consists of 6,136 square feet, situated on a 11,250 square foot lot.
Documents:
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Offering Memorandum
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Location
Gallery
